Centurion Minerals Ltd. Provides Status Report of Annual Financial Statements and Md&a
NEWS RELEASE
Suite 520 - 470 Granville Street
Vancouver, BC Canada V6C 1V5
Tel: (604) 484-2161
Fax: (604) 683-8544
www.centurionminerals.com
CENTURION MINERALS LTD. PROVIDES STATUS REPORT OF
ANNUAL FINANCIAL STATEMENTS AND MD&A
Vancouver, B.C., December 29, 2025 – CENTURION MINERALS LTD. (TSX -V: CTN) (“Centurion” or the
“Company”) provides this bi -weekly default status report i n accordance with the alternative information
guidelines set out in National Policy 12-203 – Management Cease Trade Orders (“NP 12-203”).
The Company previously announced on November 14, 2025 that it had applied for a management cease trade
order (“MCTO”) with the applicable securities regulatory authorities in Canada on the basis that the Company’s
audited annual financial statements, accompanying management’s discussion and analysis and related
certifications for the fiscal year ended July 31, 2025 (the “Annual Filings”) would not be filed by the applicable
filing deadline of November 28, 202 5 (the “ Default Announcement ”). The Company announced that the
MCTO was issued on December 1, 2025. The MCTO restricts the Chief Executive Officer and Chief Financial
Officer from all trading in securities of the Company until such time as the Annual Filings have been filed by
the Company and the MC TO has been lifted. The MCTO does not affect the ability of other shareholders of
the Company to trade in securities of the Company.
Preparation of the Annual Filings has also impacted the timely completion of the Company’s interim financial
statements, accompanying management’s discussion and analysis and related certifications for the
three months ended October 31, 202 5 (the “ Interim Filings ”). The completion of the Interim Filings is
dependent on the results contained in the Annual Filings, and, accordingly, the Company will not be able to
file the Interim Filings by the reporting deadline of December 30, 2025.
The Company and its auditor continue to work diligently toward completing the Annual Filings and Interim
Filings as soon as possible, and continues to expect that it will be in a position to file the Annual Filings on or
before January 27, 2026 and the Interim Filings within five business days of the Annual Filings. The anticipated
delay was solely related to the payment of outstanding fees previously owed to its auditor in relation with the
audit. These fees have since been paid, and the audit has commenced.
The Company confirms that since the date of the Default Announcement: (i) other than as described above,
there has been no material change to the information set out in the Default Announcement that has not been
generally disclosed; (ii) there has been no failure by the Company in fulfilling its stated intentions with respect
to satisfying the provisions of the alternative information guidelines set out in NP 12 -203; (iii) there has not
been any other specified default by the Company under NP 12 -203; and (i v) there is no other material
information concerning the affairs of the Company that has not been generally disclosed.
The Company confirms it will continue to satisfy the provisions of the alternative information guidelines set out
in NP 12-203 so long as it remains in default of the requirement to file the Annual Filings and the Interim Filings.
About Centurion Minerals Ltd.
Centurion Minerals Ltd. is a Canadian-based company with a focus on precious mineral asset exploration and
development in the Americas.
“David G. Tafel”
CEO and Director
For Further Information Contact:
David Tafel
2
604-484-2161
FORWARD-LOOKING INFORMATION
This news release contains “forward -looking information” and “forward -looking statements” (collectively,
“forward-looking information”) within the meaning of applicable securities laws. Forward-looking information
is generally identifiable by use of the words “believes,” “may,” “plans,” “will,” “anticipates,” “intends,” “could”,
“estimates”, “expects”, “forecasts”, “projects” and simila r expressions, and the negative of such expressions.
Forward-looking information in this news release includes statements about the expected filing of the Annual
Filings and Interim Filings, the Company’s continued ability to satisfy the information guidelin es set out in
NP 12-203 as well as the duration of the MCTO.
Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may
cause the Company’s actual results, level of activity, performance, or achievements to be materially different
from those expressed or implied by su ch forward-looking information. Forward -looking information is based
on the reasonable assumptions, estimates, analysis and opinions of management made in light of its
experience and perception of trends, current conditions and expected developments, and o ther factors that
management believes are relevant and reasonable in the circumstances at the date such statements are made
including, without limitations, information based on the current status of the Annual Filings, Interim Filings and
discussions with the auditor of the Company . Although the Company has attempted to identify important
factors that could cause actual results to differ materially from those contained in forward-looking information,
there may be other factors that cause results not to be as anticipated. There can be no assurance that such
information will prove to be accurat e, as actual results and future events could differ materially from those
anticipated in such information, and there is no guarantee the Annual Filings and/or Interim Filings will be
made on the timeline currently expected or at all. If the Annual Filings and/or Interim Filings are not filed on
time or are subject to additional delays, the securities of the Company could be subject to a cease trade order
or other actions taken by the securities regulators and/or the TSXV. Accordingly, readers should not place
undue reliance on forward-looking information. All forward-looking information herein is qualified in its entirety
by this cautionary statement, and the Company disclaims any obligation to revise or update any such forward-
looking information or to publicly announce the result of any revisions to any of the forward-looking information
contained herein to reflect future results, events, or developments, except as required by law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies
of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.